What is Probate?

Probate is the name for the court process through which an Estate is administered if someone dies with a Will (testacy) or without any estate planning (intestacy). During the probate process, various matters are addressed, such as payment of creditors, gathering of Estate assets, payment of any unpaid taxes, determination of beneficiaries, appointment of a guardian, and distribution of assets.  In Colorado, an estate valued at less than $63,000 with no real estate can use a collection of personal property affidavit instead of Probate.

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We were very pleased with the level of expertise available at Davis Schilken. It enabled us to feel confident that we were presented all options. The process was efficient and allowed us to complete our estate planning effectively and efficiently. - W&L R.
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